Future Cost Calculator
Find out what a goal will really cost by the time you need it, and how much to invest each month to be ready.
₹1L
Use the rate this item rises at. Education and healthcare usually rise faster than general prices.
In 15 years it will cost
₹3,17,2173.2x today
₹1,00,000 kept as cash will buy only what ₹31,524 buys today.
To have it ready, invest ₹629 a month, or ₹52,907 once today, at 12% a year.
Assumes a steady price rise and a constant return, compounded monthly. Real rates vary year to year. Calculated in your browser. Nothing is stored.
Plan for tomorrow's price, not today's
A goal priced in today's money is always short. If a course costs 1,00,000 today and its fees rise 8% a year, it will cost over 3,00,000 in fifteen years. Saving toward the smaller number leaves a gap that only shows up when the bill arrives.
Start with the future cost, then let the monthly investment figure tell you what to set aside. Starting a few years earlier usually shrinks that monthly amount a lot.
Frequently asked questions
How is the future cost calculated?
Today's cost grows by the yearly price rise you enter, compounded every year: future cost = cost today x (1 + rate) raised to the number of years.
What price rise should I use?
Use the rate for that specific item, not the general average. Education and healthcare have historically risen faster than general inflation. If you know what it cost a few years ago, the inflation calculator can work out its actual yearly rise.
How is the monthly investment worked out?
It is the monthly SIP that grows to the future cost by the target year at your expected return, invested at the start of each month. The one-time amount is what you would invest today instead.
Is the result guaranteed?
No. Prices and returns both move year to year. Treat the answer as a planning estimate, and revisit it every year or two.
Track all your money in one place
These tools answer one-time questions. FinBoom keeps your net worth, investments, and goals live across every account and currency. No bank logins.
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This tool is for informational purposes only and is not investment advice. Results are calculated from the figures you enter.